Divest Your Money from Mountain Valley Pipeline

As citizens of Virginia and West Virginia, we have been asked over and over to sacrifice our safety, security, health, and regional economy for dangerous fossil fuel projects that boost the profits of corporations and their wealthy investors, while leaving us to bear the costs. Now a consortium of out-of-state gas companies is again demanding we subsidize their wealth and sacrifice our property rights, water, and outdoor recreation industry by insisting we “host” the 300-mile Mountain Valley Pipeline for fracked gas. But these companies, led by EQT Midstream Partners (EQM), can’t build this pipeline alone: they need approval from the Federal Energy Regulatory Commission and state regulators –and they need financing from big banks to front the pipeline’s $3.5 billion price tag.

Is Your Bank a Key Backer of the Mountain Valley Pipeline?

According to research by Oil Change International, six major U.S. ‘main street’ banks – led by Bank of America and Wells Fargo – are key financial backers of the Mountain Valley Pipeline. These banks are ensuring that EQM has access to adequate cash as it seeks to create a massive pipeline corridor through our region. Whose cash? Your cash.

Complete the following steps to move your money out of the key banks behind the Mountain Valley Pipeline.

Sign up here to join the #DefundMVP week of action June 19 to June 23, 2017, and we’ll follow up with more information and resources.

Step 1: Move Your Money. Close your personal banking and credit card accounts at Bank of America, Wells Fargo, and other major banks behind the pipeline. (Find resources here and a guide on how to move your money here.)

Step 2: Write a Letter. After you go to your bank and publicly close your account,writeto Executives and Managers at the bank to explain your reasons. See a sample letter here.

Step 3: Join the Week of Action. Let us know about your personal divestment when you sign up to join the #DefundMVP week of action June 19-23.